Legalizing Sports Gambling Has Turned Into A Huge Mistake (The Atlantic)

[Blessings]

Sick of people trying to ban shxt because a few individuals have a problem.

Grow the fukk up

FACT....want to avoid accountability and be treated like children all the time smh

 

[Ɀoᥱɣ]

at least with crypto, the “gambling” usually just consists of buying a cryptocurrency when it’s in the red and selling when it’s green.

sports betting, unless you’re exceptionally practiced in identifying winning odds, is akin to chasing unicorns.

I've never done parlays myself but I know people who have and it's honestly not much different than Crypto truthfully, except with crypto you can make bigger gains much quicker depending on the project though that's not very common. Just like with crypto the only way to really be on top is to exit as soon as you hit it big and don't keep playing your winnings, take your x# and go on your way.

I don't think you can turn $5,000 into $500,000 on a parlay but you can with Crypto

 

[ViShawn]

I wish there was online poker again

 

[LiveFromLondon]

Sports betting relies heavily on exploiting low income people. My borough Newham, has the second highest poverty rate in London and in the top 5% most deprived local authorities in the country, but yet has the most betting shops in the country.

 

[re'up]

The issue is that the government and obviously international celebrities lends it credibility and safety as opposed to some shady bookie or a mob connected guy. and obviously marketing from huge corporations.

Same concept with weed, mushrooms, K, MDMA. All of the sudden it's safe and family friendly. The stigma is lowered. It's not a binary thing, but this is a valid point.

and right, mostly the people who take the biggest hit are lower socioeconomically. Think of playing the numbers, vs playing lottery tickets.

or casinos. the bulk of the income in casinos is usually from the cheapest slots. where the poorest people play.

gambling is incredibly addictive. You can for sure get 'hooked' after a week of 'harmless' betting. That's how everyone starts. Never did myself, but grew up around a casino and Native American gaming, plus lots of others who got addicted. From casino in Vegas, to those sites with servers in South America.

and just like the lotto, yes, it 100% targets low income people, who for them, the thrill of winning big outweighs the impossible odds. Just think of who would make a bet like that, someone who has no other way of changing their situation.

Where do people buy lotto tickets? mostly liquor stores in the hood. 711's. Places like that. Someone said broke people don't have vices? of course they do. Loose cigarettes. Weed. Cheap high proof alcohol. Scratchers. Those are all targeting a certain demo.

 

[African Peasant]

I see that and the article sounds crazy from the standpoint of the way it says "legal gambling causes...". Wait a minute. That sounds like just the existence of legal gambling makes it more of a threat that anyone goes bankrupt. It leaves out the necessary part of a financially irresponsible adult who is participating in gambling.

Does it have a negative impact on society? Probably. Just like alcohol, GUNS, fatty foods, fast cars(the highest speed limit I have ever seen is 75 mph. Why do cars go 100+ mph?), tobacco...so why aren't these things outlawed? You're concerned about debt delinquency? While 1-2% have a gambling addiction, 4.9% have a shopping addiction. Should we start outlawing expensive merchandise because "some" people can't shop responsibly? And all of them would have a greater impact on you than legalized gambling.

Not probably. The answer is clearly yes. You do what you want with that info.

Since a lot of harmful activities are legal, we should also legalize the rest. It seems to be your line of reasonning: since things are bad, we should make them worst.

Well.

There are no debates about the negative affect of gambling legalization. as I said, you do what you want with that info. You can care or don't care.

Some people don't care about the global well being of society as long as it does not directly affect them. It's a position. I don't hold it and find it absurd and immoral.

 

[African Peasant]

The issue is that the government lends it credibility and safety as opposed to some shady bookie or a mob connected guy.

Same concept with weed, mushrooms, K, MDMA. All of the sudden it's safe and family friendly. The stigma is lowered. It's not a binary thing, but this is a valid point.

and right, mostly the people who take the biggest hit are lower socioeconomically. Think of playing the numbers, vs paying lottery tickets.

This is a central point when it comes to legalizatio of anything. Law gives legitimacy to a lot of activities, so it creates a magnetic effect.

 

[Matt504]

Problem gambling among ethnic minorities: results from an epidemiological study

A few studies have examined gambling behavior and problem gambling among minorities and reported higher rates of both participation and gambling problems among particular minority groups in comparison to Whites who gamble. The present study utilized a ...

www.ncbi.nlm.nih.gov

A majority of studies focused on ethnicity investigated rates of gambling and problem gambling among Blacks, including African Americans. Results of a large nationally-representative study found that Blacks had twice the rate (2.2%) of disordered gambling compared to Whites and lower scores on general health measures; they were also more likely to be women in the lowest income brackets (Alegria et al. 2009). Similar findings have been reported regarding Black youth, who were significantly more likely than white youth to engage in heavy gambling (Barnes, et al. 2009). Overall, being young, male, and non-Hispanic Black was associated with high rates of gambling disorder in the U.S. National Comorbidity Survey Replication (NCS-R) data (Kessler et al. 2008). These findings generally mirror sociodemographic characteristics and comorbidity patterns found in earlier studies (Petry et al. 2005; Welte et al. 2001) as well as in special sub-groups of Black gamblers ([hotline callers] Barry et al. 2008; [casino self-excluders] Nower and Blaszczynski 2006; [homeless individuals] Nower et al. 2015; [veterans] Stefanovics et al. 2017). Welte et al. (2017) have noted that adults living in disadvantaged neighborhoods reported the most problem gambling symptoms, however studies have yet to explore the predictors of problem gambling versus other adaptive and maladaptive behaviors in these groups apart from religiosity, which serves as a protective factor (Welte et al. 2017).

Y'all win a lil $500 and in here carrying water for these people defending this shyt when they're nakedly targeting Black males with sports betting.

 

[thaKEAF]

Parlays have ran through the community like crack

 

[Devilinurear]

You can't compare hard drugs to gambling. There are millions who do it responsibly for fun. And no matter what someone wins or loses, it has no effect on YOU. And, the revenue through taxes is beneficial to the community. However, there is no positive aspect to hard drugs. NONE. And its not only dangerous to the user, but how many times have we heard about this person committed this murder, rape, assault, hurt a child while high on hard drugs?

Alcohol is legal

 

[Matt504]

 

[I Really Mean It]

So pump and dumps is not a thing now

practically all of crypto, including stable coins like bitcoin and ethereum, consists of pumps and dumps.

it’s a matter of timing when you dump.

my point is that it is a lot easier to make money in crypto if you follow the basic rule of buying low and selling high.

 

[My Girl is Bow Legged]

What's fukked up is how they have actual celebrities like Eric Andre out here making commercials and tickling peoples vulnerabilities and addictions. Look at this shyt and how it normalized sports bet addiction.



Like I'm a huge Eric Andre fan and I'm disappointed in him for signing off on this commercial.

wasn’t a coincidence that he finally got an emmy (for the worst season of his show) right when he started doing bullshyt like this

 

[Uitomy]

What's fukked up is how they have actual celebrities like Eric Andre out here making commercials and tickling peoples vulnerabilities and addictions. Look at this shyt and how it normalized sports bet addiction.



Like I'm a huge Eric Andre fan and I'm disappointed in him for signing off on this commercial.

It's called black magic friend, they casting spells

 

[re'up]

Marijuana is different to some degree, but someone like my Dad is all on for legalization. His friends smoke, or take gummies. and it's all good.

but when my friends and I were doing illegal dispos and all sorts of weed game shyt, it was not ok.

The only thing that has really changed is legalization and marketing. it's seen as safe, and it is safer. but really, how unsafe was smoking weed in 2003 compared to now?

Gambling is more like it's really highly risky, but when it's marketed and packaged as safe, it's going to draw in people who wouldn't have indulged otherwise.